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Stock impact report

Top US power sector CEOs pull down $115 million in performance pay [Yahoo! Finance]

Vistra Corp. (VST) 
Last vistra corp. earnings: 5/3 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
period as demand for electricity from their power plants jumped substantially due to the burgeoning cryptocurrency and artificial intelligence sectors. At seven of the companies, CEO payouts were much larger than what the utilities estimated at the time of their stock grants in early 2022, according to a Reuters analysis of pay disclosures with the U.S. Securities and Exchange Commission. Constellation Energy Group CEO Joseph Dominguez received stock now worth $40.3 million, or twice the target amount estimated, the company disclosed. This was the biggest payout among CEOs at the 10 largest companies by market capitalization in the S&P 500 Utilities Index A typical feature of CEO pay is granting restricted stock tied to performance targets Read more
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